# Lu-Ve Group acquires remaining 25% stake in Refrion

Lu-Ve Group acquired the remaining 25% of Refrion Srl, an Italian producer of air-cooled condensers, dry coolers and coils. Lu-Ve had acquired a 75% majority interest in 2022 for €8.1 million.

- Type: Acquisition
- Announced: 2024-10-04
- Where: Italy
- Status: announced
- Products: air-cooled condensers, dry coolers, coils
- Sectors: [HVAC and Industrial Refrigeration](https://endata.com/sectors/hvac-refrigeration.md)

## Companies

- [Lu-Ve](https://endata.com/companies/8868.md) (acquirer)
- [Refrion](https://endata.com/companies/20989.md) (target)

## Sources

- [coolingpost.com](https://www.coolingpost.com/world-news/lu-ve-acquires-remaining-25-stake-in-refrion/), 2024-10-04: "Lu-Ve Group has acquired the remaining 25% of Refrion Srl, the Italian producer of air-cooled condensers, dry coolers and coils."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.